Who is Bill Gates?
He is the co-founder and chairman of Microsoft. He was the largest individual shareholder in Microsoft. He owned 6% of the common stock but sold and gifted most. He now owns 1.3% of the company (roughly 100 million shares, worth $ 17 billion).
He stepped down as Microsoft’s CEO in 2000. Then he started working full-time at the Bill and Melinda Gates Foundation.
Gates co-founded Microsoft in 1975 together with Paul Allen. Gates and Paul Allen became the world’s richest persons. Paul Allen died in 2018 due to non-Hodgkin’s lymphoma. Microsoft became the world’s largest software maker.
How Much is Bill Gates Worth?
People often ask: how much is Gates worth and how much money does he have? He is often referred to as the richest man in the world. He has an estimated net worth of $132 billion.
Now and then he loses the position of the world’s richest man to Jeff Bezos. This is following fluctuations in either Microsoft or Amazon.com share prices.
He owns 102,992,934 Microsoft shares, at $213 each, worth $22 billion. This represents roughly 1.3% of Microsoft.
Most of his wealth is invested in stocks. As per March 2020 his investments in ‘other shares’ can be specified as follows:
Through his Cascade Investments, he owns 31 million (10%) of John Deere stocks. Which is worth roughly US$ 6 billion.
He owns 69 million shares of Berkshire Hathaway at $207 each, worth US$ 14 billion.
He owns 31 million shares in Ecolab, at $195 each, worth US$ 6 billion.
He owns 18 million shares in Autonation, at $58 each, worth $ 1 billion.
Gates Ventures LLC
Through his investment company Gates Ventures, he owns 6 million shares in Exicure, a biotechnology company.